[https://www.nytimes.com/2025/01/27/briefing/donald-trump-currency.html](https://www.nytimes.com/2025/01/27/briefing/donald-trump-currency.html)
[https://archive.is/wip/oFrA0](https://archive.is/wip/oFrA0) (No paywall link)
"President Trump is of two minds when it comes to America’s currency. He wants a strong dollar — one that is worth more compared with other currencies — because he likes its status as the world’s go-to currency for trade and transactions.
On the other hand, he also wants a weak dollar — one that is worth less in comparison — because that makes American goods cheaper to buy abroad, which could boost manufacturing at home.
Many things affect the strength of a currency, such as how much the economy is growing. But a president can also steer the dollar’s value more directly. He could drive up the value of a foreign currency by ordering the Treasury Department to buy more of it, for instance. Or he could pressure other nations to revalue their own currencies or buy more American goods by threatening to impose tariffs on their imports."
